MASTERSON

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 23586District 10Field 68831001GasSaveExport
Value, all time
$3.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction1,298,917 Mcf$3,323,838
Total$3,323,838

460,794 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 35.5747, -101.9015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57474, -101.90151 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

1 well

42-37500280C 1

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20260106.413.05$0
Apr 202679198.932.87$2,270
Mar 202677689.753.15$2,444
Feb 202668663.503.75$2,573
Jan 202690359.138.00$7,222
Dec 202583856.664.41$3,698
Nov 202581858.593.93$3,212
Oct 202585859.383.30$2,836
Sep 202584462.743.08$2,597
Aug 202581463.933.01$2,454
Jul 202587466.743.32$2,897
Jun 202583866.483.13$2,622
May 202585960.553.23$2,777
Apr 202582062.363.54$2,905
Mar 202579767.704.27$3,402
Feb 202573670.884.34$3,195
Jan 202581574.324.28$3,487
Dec 202482968.993.12$2,588
Nov 202480769.052.20$1,774
Oct 202484471.372.28$1,926
Sep 202484469.612.36$1,996
Aug 202488975.632.06$1,835
Jul 202489879.932.15$1,928
Jun 202486878.082.63$2,286
May 202489678.812.20$1,970
Apr 202486084.451.66$1,427
Mar 202488680.301.55$1,369
Feb 202479876.091.78$1,423
Jan 202479373.023.30$2,615
Dec 202390271.262.61$2,355
Nov 202388677.892.81$2,488
Oct 202365885.443.09$2,031
Sep 202390689.042.74$2,478
Aug 202395080.522.67$2,539
Jul 20231,65374.852.64$4,367
Jun 202391368.962.26$2,062
May 202393570.622.23$2,083
Apr 202389578.122.24$2,003
Mar 202390772.852.39$2,171
Feb 202374475.112.47$1,834
Jan 202390176.533.39$3,052
Dec 202285376.415.73$4,887
Nov 202288685.005.65$5,003
Oct 202287487.185.86$5,125
Sep 202293184.888.16$7,600
Aug 202296994.529.13$8,844
Jul 2022979101.587.54$7,384
Jun 2022915115.097.98$7,299
May 2022792109.378.43$6,679
Apr 2022824104.226.84$5,634
Mar 2022897108.885.08$4,554
Feb 202277091.054.86$3,741
Jan 202282881.844.54$3,757
Dec 202180171.323.90$3,123
Nov 202188077.435.24$4,608
Oct 202192979.795.71$5,308
Sep 202191969.865.35$4,918
Aug 202194766.024.22$3,997
Jul 202191570.783.98$3,644
Jun 202190269.493.38$3,049
May 202194963.483.02$2,864
Apr 202148760.362.76$1,343
Mar 202181561.302.72$2,214
Feb 202144357.805.55$2,458
Jan 202189050.412.81$2,501
Dec 202089444.642.68$2,392
Nov 202063538.772.71$1,719
Oct 202082136.972.48$2,035
Sep 202090537.091.99$1,802
Aug 202094339.982.39$2,249
Jul 202095638.371.83$1,745
Jun 202091934.901.69$1,553
May 202094016.921.81$1,706
Apr 202088914.751.80$1,604
Mar 202090530.341.86$1,680
Feb 202083449.881.98$1,652
Jan 202089857.252.09$1,881
Dec 2019059.012.30$0
Nov 201986655.302.75$2,382
Oct 201990153.472.42$2,179
Sep 201991455.052.66$2,429
Aug 2019053.112.30$0
Jul 201995356.272.46$2,344
Jun 201993252.782.49$2,322
May 201996858.482.74$2,653
Apr 201992862.632.75$2,553
Mar 201994156.803.06$2,881
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201897861.443.40$3,323
Sep 201896659.543.11$3,002
Aug 20181,00259.403.07$3,073
Jul 20181,01465.142.93$2,973
Jun 201899260.183.08$3,052
May 20181,03165.382.90$2,991
Apr 201894363.842.90$2,735
Mar 201818561.222.79$516
Feb 201887461.782.77$2,418
Jan 201891862.874.01$3,681
Dec 201796857.272.92$2,828
Nov 201796955.423.12$3,022
Oct 201749749.292.98$1,483
Sep 201750547.523.09$1,559
Aug 201799845.373.00$2,998
Jul 201759743.873.09$1,843
Jun 201792942.493.09$2,868
May 201795845.373.26$3,126
Apr 201792547.933.21$2,971
Mar 201794746.772.98$2,826
Feb 201785250.452.95$2,516
Jan 201780849.413.42$2,762
Dec 201692048.763.72$3,425
Nov 201691742.492.64$2,425
Oct 201694146.193.09$2,908
Sep 201675441.553.10$2,338
Aug 201692441.442.92$2,702
Jul 201699841.622.92$2,918
Jun 201685245.352.69$2,288
May 201695442.521.99$1,899
Apr 201697336.561.99$1,937
Mar 20161,00433.011.79$1,801
Feb 201690826.472.06$1,874
Jan 201698927.352.36$2,338
Dec 201598532.362.00$1,971
Nov 201596138.792.17$2,083
Oct 20151,01743.552.43$2,468
Sep 20151,00342.992.76$2,767
Aug 20151,00140.162.87$2,875
Jul 20151,03848.152.95$3,057
Jun 20151,02156.152.88$2,943
May 201562355.212.96$1,841
Apr 20151,00649.822.71$2,723
Mar 20151,01142.892.93$2,967
Feb 201582044.662.98$2,440
Jan 201599443.433.10$3,082
Dec 20141,03054.693.59$3,699
Nov 201491470.464.25$3,886
Oct 201497078.303.90$3,784
Sep 20141,01286.164.05$4,094
Aug 201472389.394.04$2,917
Jul 20141,08596.564.18$4,535
Jun 20141,05598.164.74$4,997
May 20141,04894.734.73$4,953
Apr 20141,03695.944.81$4,982
Mar 20141,04995.895.06$5,305
Feb 201494497.406.19$5,845
Jan 20141,06290.404.86$5,162
Dec 20131,04591.824.35$4,550
Nov 20131,04388.853.74$3,899
Oct 20131,10897.423.78$4,188
Sep 20131,087104.113.72$4,041
Aug 20131,148104.253.52$4,044
Jul 20131,142102.523.72$4,246
Jun 20131,05394.403.93$4,142
May 201361494.834.15$2,548
Apr 20131,02693.964.28$4,394
Mar 20131,10193.623.91$4,308
Feb 201398791.233.42$3,375
Jan 201384691.603.42$2,893
Dec 201296386.773.42$3,294
Nov 20121,02686.953.62$3,719
Oct 20121,05289.383.40$3,576
Sep 20121,11294.672.92$3,245
Aug 20121,17092.662.91$3,403
Jul 20121,18485.133.02$3,577
Jun 20121,12679.822.52$2,836
May 20121,06791.612.49$2,655
Apr 20121,129101.652.00$2,254
Mar 20121,169105.052.22$2,598
Feb 20121,080101.102.57$2,776
Jan 20121,15498.092.73$3,155
Dec 20111,12096.873.24$3,629
Nov 20111,15495.723.31$3,821
Oct 20111,21884.983.65$4,444
Sep 20111,07983.623.99$4,301
Aug 20111,25883.404.15$5,220
Jul 201197694.144.52$4,409
Jun 20111,22592.904.64$5,684
May 20111,25098.134.40$5,506
Apr 20111,198105.964.33$5,191
Mar 20111,24096.364.06$5,031
Feb 201198685.644.18$4,121
Jan 20111,25186.504.59$5,741
Dec 20101,26585.734.35$5,500
Nov 20101,22480.843.80$4,645
Oct 20101,26178.103.51$4,425
Sep 20101,26372.633.98$5,026
Aug 20101,29173.684.42$5,705
Jul 20101,26372.554.74$5,982
Jun 20101,04770.364.91$5,141
May 201081971.124.24$3,469
Apr 20101,25281.694.12$5,162
Mar 20101,28078.394.39$5,618
Feb 20101,11273.585.44$6,052
Jan 20101,14374.365.96$6,817
Dec 20091,24271.445.48$6,811
Nov 20091,26074.593.75$4,727
Oct 20091,31272.544.11$5,393
Sep 20091,27465.543.06$3,904
Aug 20091,33467.423.22$4,293
Jul 20091,36061.133.46$4,712
Jun 200994466.163.90$3,677
May 20091,28654.743.93$5,049
Apr 20091,30246.773.59$4,671
Mar 20091,25642.144.06$5,098
Feb 20091,19332.814.63$5,527
Jan 20091,33235.865.37$7,154
Dec 20081,34937.105.98$8,063
Nov 20081,33055.496.86$9,124
Oct 20081,37475.246.92$9,511
Sep 20081,344101.767.88$10,587
Aug 20081,427114.228.48$12,105
Jul 20081,651131.0811.39$18,804
Jun 20081,600131.3313.03$20,852
May 20081,572123.1711.57$18,195
Apr 20081,582110.3110.45$16,540
Mar 20081,621101.909.66$15,665
Feb 20081,53192.538.77$13,428
Jan 20081,63390.388.21$13,400
Dec 20071,61888.337.30$11,815
Nov 20071,64491.677.29$11,988
Oct 20071,72482.856.92$11,933
Sep 20071,72275.846.24$10,752
Aug 20071,82669.066.39$11,664
Jul 20071,79170.906.39$11,441
Jun 20071,79362.007.55$13,534
May 20071,64758.747.85$12,923
Apr 20071,65159.617.81$12,886
Mar 20071,81556.927.30$13,253
Feb 20071,62655.108.22$13,359
Jan 20071,81350.306.73$12,196
Dec 20061,74156.656.92$12,045
Nov 20061,77254.207.62$13,498
Oct 20061,96354.906.01$11,805
Sep 20061,69060.085.04$8,513
Aug 20061,62468.717.34$11,920
Jul 20062,20169.376.34$13,960
Jun 20062,02766.286.38$12,940
May 20062,12466.016.42$13,647
Apr 20062,15064.397.36$15,825
Mar 20062,28756.707.08$16,199
Feb 20062,07657.597.75$16,091
Jan 20062,30860.598.93$20,618
Dec 20052,32954.9413.42$31,244
Nov 20052,31054.6910.59$24,459
Oct 20052,48058.3413.80$34,213
Sep 20052,44961.4512.08$29,581
Aug 20052,32461.519.80$22,768
Jul 20052,07455.697.84$16,268
Jun 200514152.337.38$1,041
May 20051,31645.226.65$8,753
Apr 20052,43549.207.36$17,923
Mar 20052,60650.377.15$18,646
Feb 20052,31045.226.31$14,581
Jan 20052,62043.166.32$16,564
Dec 20042,67539.866.75$18,059
Nov 20042,52445.286.33$15,978
Oct 20042,79749.706.52$18,223
Sep 20042,83943.245.28$15,001
Aug 20042,98442.375.55$16,563
Jul 20043,05838.286.08$18,605
Jun 20042,81036.106.43$18,077
May 20042,65437.486.49$17,237
Apr 20042,91334.475.86$17,066
Mar 20043,17134.365.53$17,536
Feb 20043,00532.455.51$16,556
Jan 20043,15032.036.30$19,844
Dec 20033,13530.266.30$19,756
Nov 20033,25528.804.60$14,957
Oct 20033,52028.174.76$16,754
Sep 20033,50926.314.75$16,666
Aug 20033,98329.765.13$20,432
Jul 20034,01929.415.17$20,782
Jun 20034,01128.565.98$23,998
May 20034,28326.595.97$25,581
Apr 20032,92826.675.41$15,833
Mar 20034,19731.146.10$25,585
Feb 20033,99333.487.93$31,648
Jan 20034,49230.315.58$25,075
Dec 20024,60726.914.85$22,361
Nov 20024,43424.664.14$18,343
Oct 20024,53826.464.23$19,192
Sep 20024,61727.443.64$16,784
Aug 20024,81725.963.16$15,242
Jul 20024,85824.583.06$14,874
Jun 20024,17023.733.34$13,920
May 20024,43324.663.58$15,888
Apr 20024,91523.653.51$17,263
Mar 20024,01222.003.10$12,448
Feb 20024,48218.222.38$10,648
Jan 20024,94017.172.38$11,736
Dec 20015,40516.932.36$12,780
Nov 20015,47618.072.41$13,173
Oct 20015,68819.782.53$14,384
Sep 20015,35124.262.25$12,047
Aug 20015,58124.873.05$17,040
Jul 20015,71723.933.20$18,278
Jun 20015,22524.563.82$19,981
May 20015,89325.524.31$25,383
Apr 20016,06024.685.34$32,332
Mar 20015,90824.545.38$31,764
Feb 20015,96427.755.77$34,395
Jan 20015,46427.478.40$45,891
Dec 20005,85026.889.12$53,367
Nov 20005,96532.215.66$33,750
Oct 20006,41431.235.15$33,003
Sep 20006,21131.875.19$32,213
Aug 20006,75129.644.54$30,655
Jul 20006,42528.534.09$26,277
Jun 20005,80429.304.40$25,522
May 20007,09027.263.68$26,089
Apr 20006,51124.513.12$20,288
Mar 20006,58828.422.86$18,840
Feb 20006,38527.622.73$17,409
Jan 20007,36925.272.48$18,279
Dec 19996,55024.282.42$15,875
Nov 19997,14023.192.43$17,379
Oct 19997,34620.982.80$20,596
Sep 19997,28021.752.62$19,065
Aug 19997,57819.262.88$21,791
Jul 19997,55917.892.37$17,933
Jun 19997,49515.942.36$17,704
May 19997,47715.792.32$17,354
Apr 19996,87315.102.21$15,176
Mar 19998,28312.471.84$15,227
Feb 19996,3829.981.82$11,601
Jan 19997,93010.381.90$15,067
Dec 19987,8959.201.77$14,000
Nov 19988,63810.892.19$18,880
Oct 19988,73712.421.97$17,205
Sep 19988,72312.592.08$18,167
Aug 19988,82511.301.91$16,832
Jul 19989,47811.742.24$21,205
Jun 19987,14311.242.24$15,981
May 19987,90012.622.21$17,430
Apr 19989,14713.042.51$22,916
Mar 19988,84112.802.31$20,418
Feb 19988,57013.952.30$19,704
Jan 19989,17014.702.15$19,759
Dec 199710,55616.322.41$25,452
Nov 199710,12018.193.09$31,253
Oct 19975,44319.253.15$17,144
Sep 19976,32317.742.95$18,684
Aug 19977,06717.862.55$18,054
Jul 19977,18817.582.25$16,151
Jun 19977,54617.242.26$17,033
May 19976,78718.972.31$15,668
Apr 19975,51417.882.08$11,484
Mar 19976,05918.951.94$11,749
Feb 19974,52920.492.21$9,991
Jan 19977,20123.483.54$25,489
Dec 19965,77023.32$0
Nov 19965,92621.97$0
Oct 19966,87723.31$0
Sep 19965,23422.22$0
Aug 19966,79720.26$0
Jul 19969,64819.55$0
Jun 19967,51318.73$0
May 19969,89119.43$0
Apr 19964,29621.51$0
Mar 19966,41819.38$0
Feb 19965,70616.98$0
Jan 19968,21917.07$0
Dec 19958,82217.19$0
Nov 19958,15016.00$0
Oct 19959,08215.43$0
Sep 19958,14016.18$0
Aug 199511,20115.92$0
Jul 199510,83115.24$0
Jun 19958,87416.41$0
May 19958,85617.56$0
Apr 19958,50617.73$0
Mar 19959,37116.44$0
Feb 19956,38616.58$0
Jan 19958,00415.92$0
Dec 19949,54115.03$0
Nov 199410,88815.90$0
Oct 199411,85015.58$0
Sep 199411,07815.29$0
Aug 19948,81816.13$0
Jul 19948,88317.56$0
Jun 19949,48717.09$0
May 19948,72715.88$0
Apr 19947,87314.14$0
Mar 199410,03812.46$0
Feb 19949,34812.50$0
Jan 199411,84512.66$0
Dec 199311,85212.33$0
Nov 199311,77714.49$0
Oct 199311,71915.85$0
Sep 199312,59815.03$0
Aug 199313,70115.66$0
Jul 199313,70815.46$0
Jun 199313,75216.79$0
May 199311,85517.68$0
Apr 199313,25118.05$0
Mar 199313,73618.14$0
Feb 199312,07117.90$0
Jan 199313,88016.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Gas                  791 Mcf  × $  2.87 =     $2,270

────────────────────────────────────────────────────
Month total                                   $2,270

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 10/G/23586 is the state's own key, not one this site invented.